ChronoLogic

Created using Figma

Created using Figma

ChronoLogic is the vision of time merging with the blockchain. It’s an introduction of the concept of Proof-of-Time for blockchain technologies & practical applications. The first phase of the ChronoLogic project is the DAY token afterwhich the concept will be expanded to allow practical implementation of Proof-of-Time by other projects & entities.

About ChronoLogic

The first generation of cryptocurrencies have been based on the concepts of mining & staking. ChronoLogic works on proof-of-time. In its first use-case ChronoLogic pegs time to a store of value token named DAY based on the Ethereum blockchain.

How does it work?

Each ICO participant will contribute between 1 and 333 ETH and their Ethereum address will become one of 3,333 TimeMints. Where 1 ETH = 24 DAY. With a maximum of 333 ETH per timemint. Each TimeMint will create DAY tokens based on time and the TimeMint’s ChronoPower. ICO participants will benefit both from having a TimeMint linked to their contribution address and the DAY tokens they purchase, both of which can be traded. As the Proof-of-Time concept works based on an ethereum smart contract, the minting process will work automatically based on your address and the passage of time. To limit the total supply of DAY in the future, each TimeMint’s ChronoPower will halve every 88 days.

What is ChronoPower?

ChronoPower is the minting power of a specific TimeMint, Each of the 3,333 TimeMints has a different ChronoPower ranging from 0.5% to 1% additional DAY tokens minted per day.

What if I want to trade my TimeMint?

TimeMint holders may sell their TimeMint to a buyer. ChronoLogic has a process called TimeTx that allows the sale/transfer of TimeMints to a buyer/receiver through a trustless smart contract process.

Features

- Enabling several industries to include time-based logic on the blockchain - Reward system based on time - Token minting though the passage of time, only for ETH addresses that participate in the ICO - First Crypto Token pegged to time - Ability to transfer minting power to other addresses, trustlessly

Technical Info

Technical details:
ERC-20 Token based on Ethereum
The source code:
https://github.com/chronologic
Proof of developer:
Public team

ChronoLogic Roadmap

July - August 2017

WHA Application concept development;

September 2017

Whitepaper preparation;Pre-sale preparation - we are here;

16 October 2017

The WHA pre-sale campaign;

October - November 2017

The preparation to public launch of the WHA Project application;The marketing and preparation to WHA ICO seed-round;

Read More

11 December 2017

Presentation of the WHA Application concept;ICO seed-round;

4th quarter 2017 - 2nd quarter 2018

The development of the in-house blockchain as an Ethereum fork;The launch of mining on the in-house blockchain;The development of wallet;The marketing of the WHA Project product in a few countries;The launch of contextual advertising for the WHA App;

02 July 2018

The ICO launch;WHA Project will start accepting WHA as a means of payment in internal App market;The marketing of the WHA Project App all over the world;Further app development and support.

ChronoLogic Reviews

bitcoinexchangeguide.com

News, reviews

Chrono Logic aims to change the way we use blockchain technology by introducing a new concept called proof of time. The only way tokens are produced is through the passage of time. It’s a totally different concept than proof of stake and proof of work mining, and it has the potential to create an entire new segment of the blockchain industry – similar to how Ethereum facilitated the rise of ICOs with its smart contract technology.

DISCLAIMER & RISK WARNING

This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.

If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.

ICOHOLDER company is a smart tracker, global analytics platform with the largest crypto database, giving institutional and retail investors access to real-time, high-quality, reliable market and pricing data. As a market data provider we offer a comprehensive, holistic overview of the market and crypto trends. We produce: cryptocurrency trade data, order book data, blockchain and historical data, social data, reports, audits, crypto reviews and a suite of cryptocurrency indices. Our mission is to make the crypto industry more transparent.